During the last days, Milkiland, as well as many other Ukrainian exporters, met with the unpredictable difficulties with custom’s clearance of its products supplied to Russian Federation. Those difficulties arise since 14 August 2013 because of the decision of Federal Customs Service of Russia to impose strict customs clearance procedures for the full range of goods supplied by Ukrainian exporters.
On July 30, 2013 State Veterinary and Phytosanitary Service of Ukraine issued a permission for import of cheese and dry milk products produced by cheese-making plant Ostrowia, a Polished-based subsidiary of Milkiland Group.
On July 18, Mr. Evert Jan Krajenbrink, Agricultural Counsellor of the Embassy of the Kingdom of the Netherlandsin Ukrainevisited Milkiland subsidiaries in Chernihiv region
Dragon Capital in its recently distributed Equity Research “Remains a “Buy” Despite Downgraded Operating Outlook” confirmed its “Buy” recommendation and set a 12-month target price of PLN 17.73 (USD 5.40) per Milkiland N.V. share (53% upside).
Results of recently published forth Survey of best practice of corporate governance by Concorde Capital “Standards of corporate Governance – 2013” independently confirmed the high quality of corporate governance of Milkiland.